NEW YORK, Oct 30 (Reuters) - COMEX gold retreated Thursday, prevented from setting a new high as stunning news that the U.S. economy tasted boom times again last quarter shored up the dollar and lured investors out of safe-havens. The Commerce Department report that gross domestic product surged an annualized 7.2 percent in the third quarter, its fastest pace in 19 years, was badly timed for gold bulls, who thrive on worries about the economy and had chased gold futures up $12 since ...
Premium Content (PAID Subscription Required)
"COMEX gold retreats on news of booming U.S. Q3" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.